FINRA Emphasizes the Responsibility of All Dispute Resolution participants to Avoid Disclosure of SARs

Principal Tara LaClair published a client alert which emphasized The Financial Industry Regulatory Authority's (FINRA) published guidance to remind parties, attorneys, arbitrators, and mediators that the unauthorized disclosure of a Suspicious Activity Report (SAR) is a violation of federal law that may be punishable by civil and criminal penalties, including fines and imprisonment.